- Depending on BTC's price a volatility, WTC fluctuations will vary. - Bollinger Bands have widened, breakout expected, either bullish or bearish. - RSI currently at 69.42, nearing overbought territory. If RSI surpasses 70, WTC becomes overbought. - MACD showing new trend breakout, could be the formation of the handle.
Walton Cup&Handle? Sure looks like it, your thoughts?
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WALTON! Surpasses handle formation, expect further bullish trends, RSI moving closer to 70 range signaling WTC becoming overbought.
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Bollinger Bands widen even more, breakout is obvious, lets hope it remains Bullish before Bollinger bands narrow again.